Apartment buyers in New South Wales are set to gain a decade of insurance-backed protection against major building defects, after the NSW Parliament passed the Fair Trading and Building Legislation Amendment Bill 2026.&nbsp;

The Bill establishes decennial defect insurance, known in the market as Latent Defects Insurance (LDI), as an alternative to the existing two-year strata building bond. It cleared the Legislative Council with amendments on Tuesday evening (August 4, 2026), with the Legislative Assembly agreeing to those amendments shortly after.

Under the reform, eligible developers can satisfy their statutory bond obligation by taking out an approved decennial-style policy that gives owners 10 years of cover for major structural defects from completion, claimable directly, without first having to pursue developers or builders through costly legal action.&nbsp;

The change forms the final tranche of amendments arising from the 2021 statutory review of the Strata Schemes Management Act 2015 and related legislation.

Resilience Insurance, which originated the cover in Australia and has delivered it in NSW since 2022, welcomed the passage and credited the NSW Government for delivering it.

“This is protection apartment buyers have needed for a long time, and the credit for delivering it belongs to the NSW Government,”&nbsp;said Corey Nugent, CEO of Resilience Insurance.

“Minister Chanthivong and his team have shown real leadership in replacing an outdated two-year bond with cover that matches the lifespan of the buildings people are buying into. Reform like this is what good, evidence-based regulation looks like.”

Resilience has delivered LDI in NSW since 2022, protecting thousands of apartments, giving the State, and now the country, real-world evidence of how decade-long, no-fault protection works in practice.

The reform also places NSW within a wider national shift.

NSW is the third jurisdiction to put decennial cover into law. The ACT legislated for it in 2024, with the scheme taking effect in late 2025, and Victoria passed its own framework on 17 June. Between them, the three cover the majority of Australia's apartment market.

The reform commences once the legislation is proclaimed, which is expected in the coming weeks. From that point, developers of Class 2 residential apartment buildings can meet their statutory obligation with an approved decennial policy in place of the bond.

Buyers who purchased into projects that took out the cover early are among the first in the country to take keys to apartments carrying decade-long structural protection.

“With the legislation passed, the focus now turns to making it work for buyers,”&nbsp;Nugent said.

“There are already thousands of apartments in NSW covered by this insurance, bought by developers who moved early. The question every buyer should be asking in a display suite is a simple one: does this building come with 10-year defect cover, and who stands behind it?&nbsp;

“We look forward to working with the Government and the Building Commission in coming weeks as the framework moves to implementation, and to sharing what we have learned over the past four years so the protection reaches owners as smoothly and quickly as possible.”

Other states are working through their own reform programs. Western Australia has indicated that decennial cover is within consideration a later stage of its reform sequence, and Queensland has been examining the settings as it looks at the development pipeline ahead of the 2032 Olympics.

Resilience Insurance acknowledges the NSW Government’s continued focus on strengthening consumer protection while supporting housing delivery across the State.

Fast Facts: What the reform means

<ul style="color:#222222; font-family:Arial, Helvetica, sans-serif; font-size:small; font-style:normal; font-variant-ligatures:normal; font-weight:400; text-align:start; white-space:normal; background-color:#ffffff; text-decoration-thickness:initial; text-decoration-style:initial; text-decoration-color:initial">
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">Proven at scale:&nbsp;Decennial cover has operated in NSW since 2022, protecting thousand of apartments.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">10 years of cover:&nbsp;Protection for major structural defects runs for a decade from completion, claimable directly and with no legal action required.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">An alternative to the bond:&nbsp;Eligible developers can meet their statutory obligation with an approved decennial-style policy in place of the 2% strata building bond.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">Part of a national shift:&nbsp;The ACT has had decennial provisions in force since 2025 and Victoria passed its framework in June. NSW now joins them.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">No-fault, first resort:&nbsp;Owners corporations claim directly from the insurer without first having to establish who is liable for the defect.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">Cost-competitive:&nbsp;At approximately 1.8% of build cost, LDI is typically priced below the 2% bond while offering broader, longer protection.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">Market position:&nbsp;Resilience originated LDI in Australia and has delivered it in NSW since 2022.</li>
</ul>

Fast Facts: What is Resilience LDI?

<ul style="color:#222222; font-family:Arial, Helvetica, sans-serif; font-size:small; font-style:normal; font-variant-ligatures:normal; font-weight:400; text-align:start; white-space:normal; background-color:#ffffff; text-decoration-thickness:initial; text-decoration-style:initial; text-decoration-color:initial">
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">Resilience Latent Defects Insurance (LDI):&nbsp;Covers major structural defects for 10 years from completion.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">Consumer-first:&nbsp;Direct claim access, no need for lengthy legal action.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">Cost advantage:&nbsp;At approximately 1.8% of build cost, LDI is typically priced below the traditional 2% Strata Bond while offering broader protection.</li>
	<li style="margin-left:15px; font-family:Aptos, Arial, Helvetica, sans-serif; font-size:12pt; color:#000000">Market leader:&nbsp;&nbsp;Resilience Insurance originated LDI in Australia and is the national market leader.</li>
</ul>

Joel Robinson

NSW parliament passes 10-year defect insurance laws for new apartment buyers

Builder-developer <a href="https://www.apartments.com.au/developers/mcnab-developments">McNab</a> has wasted little time reshaping one of South Brisbane's most significant undeveloped apartment sites after acquiring the property earlier this year.&nbsp;

McNab has lodged plans to scrap an existing approval for two 30-storey towers and instead deliver a single 28-storey residential building, preserving part of the site for a future development opportunity.

The proposal, lodged over <a href="https://www.apartments.com.au/new-apartments/64-peel-street-south-brisbane-qld-4101">64 Peel Street and 9 Cordelia Street</a>, is for a residential-led mixed-use development comprising 124 apartments above a landscaped podium, alongside a boundary realignment that preserves part of the land for a future residential project.

<img alt="First look: McNab resets decade-old South Brisbane approval with 124-apartment tower" data-entity-type="file" data-entity-uuid="743bf564-3f8f-45fc-b8d3-bbf18f5b628f" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/mcnab%20Peel%20st%20podium.png?VersionId=EhCxGrVn_VFH3qTbKnI4WppGwaMnOn0t" />

Designed by <a href="https://www.apartments.com.au/architects/hayball">Hayball</a>, the development will deliver 119 two-bedroom and five three-bedroom apartments across 23 residential levels. A five-level podium will accommodate 135 car spaces, while the ground floor will include a 66 sqm commercial tenancy, an activated residential lobby with work-from-home spaces, and a publicly accessible landscaped plaza linking Cordelia and Peel streets.&nbsp;

Communal amenities will span Level 6 and the rooftop, including indoor and outdoor recreation spaces, a swimming pool, barbecue facilities, kitchen and dining areas, lawn space, sauna, steam room and yoga facilities.

The application also proposes a boundary realignment to create a standalone 1,290 sqm development lot while retaining an adjacent parcel for future redevelopment, allowing the balance of the site to contribute additional housing over time.

Hayball said the architecture has been shaped by the site's elevated corner position at the intersection of Peel and Cordelia streets and Brisbane's subtropical climate.

The design incorporates generous landscaped setbacks, a masonry podium wrapped with planting, large north-facing balconies, and a slender tower profile intended to maximise natural light, cross ventilation and long-range views. The rooftop has been conceived as a wellness-focused retreat overlooking Brisbane, with amenities positioned to capture views towards Mount Coot-tha and the CBD.

<img alt="First look: McNab resets decade-old South Brisbane approval with 124-apartment tower" data-entity-type="file" data-entity-uuid="c5f99e84-6ad8-4a87-82d1-869685b754d2" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/mcnab%20tower%20perspective.png?VersionId=Gw0IuJaSAlk.tvGBxInhZOcQAdIB..2b" />

The planning submission positions the proposal as a response to both changing market conditions and Brisbane's Kurilpa Sustainable Growth Precinct planning reforms.

McNab acquired the site after the previous approval was granted, with the existing scheme no longer reflecting current residential market demands, economic conditions, construction challenges, construction efficiencies or the quality of development outcome now being pursued, the planning report noted.

McNab continues to expand its residential development pipeline across Brisbane and the Gold Coast. The developer recently launched The Tannery in West End, securing more than 60 per cent of apartments before the project's public release. It is also delivering Elements Budds Beach in Surfers Paradise and Lucia Highgate Hill, an eight-apartment boutique development overlooking the Brisbane River.

McNab resets decade-old South Brisbane approval with 124-apartment tower

A steeply sloping Bellevue Hill site is set to accommodate a new mid-rise apartment development, with plans lodged for 20 homes that respond to the site's dramatic topography.

The proposal for the consolidated land at <a href="https://www.apartments.com.au/new-apartments/138a-140-bellevue-road-bellevue-hill-nsw-2023">138A-140 Bellevue Road</a> has been designed by Sydney architecture practice Common Office, which has used the site’s substantial fall to distribute the building’s scale and unlock 20 apartments without presenting the full height to the street.&nbsp;

“The unique design strategy leverages the site’s substantial topographical fall to facilitate increased density, presenting a seven-storey profile to Bellevue Road while rising to 10 storeys at the rear,” Common Office said in its architectural design report.

The apartment mix spans one, two, three- and four-bedroom residences. Four two-bedroom apartments are designated as affordable housing, while the plans also include two adaptable dwellings. The mix is majority three-beds, with the typical three-bed apartment offering around 144 sqm internally, with balconies of around 15 sqm.

The affordable housing component represents 15 per cent of the residential floor area and allows the project to access additional height and floor space under the NSW Government’s in-fill affordable housing provisions. The site also falls within the inner area of the Low and Mid-Rise Housing Policy because it is within 400 metres walking distance of Double Bay Town Centre.

<img alt="First Look: Plans lodged for topography-led affordable housing project in Bellevue Hill" data-entity-type="file" data-entity-uuid="b1230d0f-3bfa-4a11-abaf-0928c66ef345" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Bellevue%20da.png?VersionId=dZeMK3P.OutGjN8ycjsxm8uNsj_QFWQv" />

Common Office has arranged the building around a masonry podium and a lighter upper volume, drawing on two recurring elements of Bellevue Hill’s established architecture: sandstone bases and the vertical proportions of local Inter-war Art Deco apartment buildings.

“The proposal is governed by a holistic design language that reconciles the solid horizontal masonry of the neighbourhood’s podiums with the elegant verticality of its Art Deco heritage,” the architect said.

“The building maintains a consistent rhythmic logic utilising deep recesses and a sophisticated material transition to break down the 10-storey scale into a series of articulated, human-scale volumes.”

<img alt="First Look: Plans lodged for topography-led affordable housing project in Bellevue Hill" data-entity-type="file" data-entity-uuid="0147f503-1af1-4d51-97fb-c2f1cba63a9d" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Bellevue%20bldg.png?VersionId=GoW7q3NlK67OpnePXhk7zvklrlKb72Qc" />

Large-format sandstone tiles will define the lower levels, establishing a robust base that negotiates the change in elevation from Bellevue Road. Above, red-tinted precast concrete frames, recessed balconies, anodised aluminium screens and expanded metal details will create a more vertically expressed façade. Integrated planter beds will introduce greenery across balcony edges and recessed sections of the building.

The elongated northern façade has been divided into three recessed vertical masses to reduce its perceived length. Triangular window elements and metal privacy screens reference the geometry of nearby Art Deco buildings while controlling overlooking toward surrounding homes. The southern elevation will incorporate further privacy screening, landscaped edges and deep balconies to maintain light and ventilation.

<img alt="First Look: Plans lodged for topography-led affordable housing project in Bellevue Hill" data-entity-type="file" data-entity-uuid="e8679cf1-18bc-4447-8a0f-0052b94ab83c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Bellevue%20da%20rooftop.png?VersionId=5SQqQqRFf76rvE2p1TbxJSweMN70AIbc" />

Private and communal landscaping is distributed throughout the development. A landscaped garden apartment is positioned within the lower portion of the site, while a communal terrace on Level 5 will include a central timber deck, barbecue facilities, resident planting plots and areas for outdoor dining and informal gatherings.

Common Office described the terrace as an elevated sanctuary designed to capture district views and sunlight. Its planting strategy incorporates endemic species associated with the Eastern Suburbs Banksia Scrub, extending the landscape vertically through the building and providing habitat for local flora and fauna.

A second communal outdoor area is proposed at roof level, with built-in seating, paved gathering areas and perimeter planting.

Bellevue Hill is enjoying renewed momentum in the new apartment market, with several boutique developments recently launched and currently under construction. Positive Investment Enterprise is delivering the 16-apartment Kew Palm House on Birriga Road, while Chanine Developments is also under construction at Florian, a 36-apartment project on Banksia Road.

&nbsp;

Bellevue Hill is enjoying renewed momentum in the new apartment market, with several boutique developments recently launched and currently under construction.

First Look: Apartment development pitched for Bellevue Hill, Double Bay fringe

South Brisbane's apartment pipeline continues to build momentum, with <a href="https://www.apartments.com.au/developers/trk-property-group">TRK Property Group</a> lodging plans for a 161-apartment tower on Montague Road as developers accelerate investment across the Kurilpa Sustainable Growth Precinct.

The proposal for 176–186 Montague Road would replace an existing office building with a 20-storey residential tower designed by <a href="https://www.apartments.com.au/architects/cox-architecture">COX Architecture</a>, adding to a growing pipeline of high-density projects reshaping one of Brisbane's fastest-evolving inner-city precincts.

The project has been conceived as a "living building", featuring a flowing tower form, extensive vertical landscaping, and generous communal spaces that respond to the evolving Kurilpa Sustainable Growth Precinct.

TRK Property Group Development Director Matt Kan said the project reflected the confidence developers have in South Brisbane's long-term future.

"South Brisbane is entering an incredibly exciting period, and we see Montague Road sitting right at the heart of that evolution," Kan said.

"With the former Visy site directly opposite us and significant investment planned throughout the broader Kurilpa precinct, there is a real sense of momentum around this part of the city and what it will become over the coming years.

"For TRK, this is an opportunity to be part of that next chapter and deliver a project that responds to where the precinct is heading, while contributing to the continued evolution of Brisbane's river edge."

<img alt="First look: TRK Property joins South Brisbane apartment surge with Montague Road tower plans" data-entity-type="file" data-entity-uuid="590fe1ad-f892-4446-a679-80e33a16d029" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/TRK%20tower%20facade.png?VersionId=uOJStrcKpyHFcPE1w6_9SMAFzVMCcZll" />

The scheme includes a mix of one, two, three and four-bedroom apartments, incorporating multi-purpose rooms in selected residences to provide additional flexibility for home offices or expanded living areas. The proposed mix comprises 15 one-bedroom, 13 one-bedroom plus MPR, 73 two-bedroom, 26 two-bedroom plus MPR, 30 three-bedroom, and four four-bedroom apartments.

Rather than adopting a conventional rectilinear tower, COX Architecture has developed a sculpted form inspired by the movement of the Brisbane River.

"The proposal has been designed by COX Architecture as a 'living building' that responds to the site's riverine setting, floodplain history and evolving urban context within the Kurilpa Sustainable Growth Precinct," the planning report states.

"The architectural form draws from the fluid nature of the Brisbane River, with a curved and undulating tower form that creates a varied architectural edge and avoids a conventional rectilinear tower expression."

The podium has also been designed as an architectural feature rather than a conventional parking structure, with cascading planting, screening and natural-toned materials softening its appearance. Resident parking is elevated above ground level to address the site's flood constraints, while habitable apartments sit above flood planning levels. Upper-level communal facilities are designed to accommodate shelter-in-place arrangements during major flood events.

<img alt="First look: TRK Property joins South Brisbane apartment surge with Montague Road tower plans" data-entity-type="file" data-entity-uuid="01fa15d0-90df-46c7-9555-7941fc45373c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/TRK%20podium.png?VersionId=mHyua.w1pHGBt9qEdWzrlsv.leztUCwO" />

Communal amenity is a major focus of the proposal. Around 1,815 sqm of shared resident space is proposed across the ground floor, level 19 and the rooftop, including co-working areas, indoor and outdoor recreation spaces, wellness facilities, dining and gathering areas, lawn spaces, a rooftop pool and spa, and extensive landscaping. At street level, a landscaped forecourt and approximately 345 sqm of publicly accessible open space along Montague Road are intended to improve the pedestrian experience while activating the building's frontage.

The development will provide 163 car spaces, including 152 resident bays and 11 visitor spaces, together with 144 bicycle spaces incorporating resident storage, visitor parking, bicycle maintenance facilities and e-mobility charging infrastructure.

The site sits within one of Brisbane's fastest-changing inner-city precincts, less than two kilometres from the CBD and within easy reach of South Bank, West End, the Queensland Cultural Centre and extensive public transport connections. The Kurilpa Sustainable Growth Precinct planning framework is encouraging higher-density residential development to help meet Brisbane's housing supply targets while supporting walkable, transit-oriented neighbourhoods.

TRK Property joins South Brisbane apartment surge with Montague Road tower plans

Article summary

<ul data-end="785" data-start="311">
	<li data-end="459" data-section-id="5hbcyr" data-start="311">Pikos Group has released the five-penthouse collection at Skye Kangaroo Point, headlined by a two-storey sky home spanning more than 1,000 sqm.</li>
	<li data-end="561" data-section-id="1p7lq8n" data-start="460">Early buyer interest suggests the residences could set a new Queensland apartment price record.</li>
	<li data-end="667" data-section-id="1y70z0l" data-start="562">The collection includes four move-in ready penthouses and the highly customised Skye One residence.</li>
	<li data-end="785" data-section-id="yvm0y1" data-start="668">The release caps one of Bri​sbane's most ambitious luxury apartment developments overlooking the Brisbane River.</li>
</ul>

<hr data-end="790" data-start="787" />
Pikos Group has released the five-penthouse collection at its <a href="https://www.apartments.com.au/buildings/skye-residences-by-pikos-kangaroo-point-8-river-terrace-kangaroo-point-qld-4169">Skye by Pikos</a> development in Kangaroo Point, with early buyer interest indicating the flagship residences could eclipse every apartment sale previously recorded in Queensland.

The collection crowns the luxury riverfront development with five residences, including four completed penthouses and Skye One, a two-level sky home spanning more than 1,000 sqm that will be tailored to its eventual owner.

[smartcode_project:default project_id=90059 project_image_fid=374075]

Wanting to offer a fully customisable home, Pikos is offering Skye One as a blank canvas, allowing the buyer to work alongside the developer's design team to customise the home's layout, finishes and internal spaces.

The residence will feature a 247 sqm private rooftop terrace with its own swimming pool, sauna, steam room, outdoor kitchen and multiple entertaining areas overlooking the Brisbane River and CBD skyline.

The remaining four penthouses have been completed and are ready for immediate occupation, each offering four bedrooms, expansive open-plan living areas, soaring ceilings and private lift access.

[smartcode_project:default project_id=90059 project_image_fid=374059]

One of the defining features throughout the project is its use of Roman Classic Travertine, with more than 20,000 sqm of the natural stone imported from Italy after being personally selected by Pikos Group Founder and Executive Director Pedro Pikos, interior designer Julie Williamson and third-generation stone specialist Mario Caucci.

Pikos said the penthouse collection represented the culmination of the company's long-term vision for Skye.

"True legacy isn't measured by what we build today, but by what endures tomorrow," Pikos said.

"Our ambition is to create places that become more valuable with time, enrich the lives of generations, and stand as timeless landmarks long after we've stepped away."

[smartcode_project:default project_id=90059 project_image_fid=374060]

Williamson said the interiors were inspired by the natural character of Kangaroo Point and the Brisbane River rather than international design trends.

"Materiality tells the story of a place," Williamson said.

"We looked to the movement of the Brisbane River, the texture of the cliff face and the warmth of the surrounding landscape to create interiors that feel understated, enduring and unmistakably Brisbane."

Positioned above the Kangaroo Point cliffs, Skye places residents within walking distance of Howard Smith Wharves, South Bank and James Street while offering uninterrupted river and city views.

[smartcode_project_cta:default project_id=90059]

Brisbane's next apartment price record? Pikos unveils Skye's exclusive penthouse collection

Sydney’s property market is known for high prices, competitive bidding, and mounting pressure on first home buyers. But change is on the horizon.

From late 2025, eligible first home buyers in New South Wales will have access to a new federal government initiative aimed at addressing affordability: the Help to Buy Scheme.&nbsp;

<h2>What is the Help to Buy Scheme?</h2>

The program introduces a shared equity model intended to reduce the upfront cost of entering the property market, particularly in high-demand urban areas such as Sydney.

The scheme operates under a shared ownership structure in which the federal government takes an equity stake of up to 40 per cent for new homes, or 30 per cent for existing dwellings. This arrangement allows eligible buyers to significantly reduce their loan size and avoid the added cost of Lenders Mortgage Insurance (LMI).

Under this model, purchasers can enter the property market with as little as a two per cent deposit, well below the traditional 10 to 20 per cent usually required. The government’s contribution is not a loan but a co-ownership stake in the property. As such, there is no interest or rent charged on its portion.

Because the government’s equity combined with the buyer’s deposit typically meets or exceeds the 20 per cent threshold, LMI does not apply. The remaining balance, generally between 60 and 70 per cent of the property’s value, is financed through a standard home loan with a participating lender.

The government's equity in the property remains in place until the buyer chooses to repay it voluntarily or until the property is sold. Buyers can buy back the government’s share over time, in increments of at least five per cent, depending on their financial situation.

There is no fixed repayment timeline, but the amount to be repaid will be based on the property's market value at the time of repayment, not the original purchase price.

<h2>How do you qualify for the&nbsp;Help to Buy Scheme?</h2>

To qualify for the Help to Buy Scheme, applicants must meet the following conditions:

<ul>
	<li>Be an Australian citizen at least 18 years of age.</li>
	<li>Be a first-home buyer who does not currently own property.</li>
	<li>Intend to live in the property as their primary residence.</li>
	<li>Earn less than $100,000 per year for individuals, or $160,000 for couples.</li>
	<li>Purchase a property within the regional price caps, currently $950,000 in Sydney, though this is expected to rise to approximately $1.3 million ahead of the program’s launch.</li>
</ul>

While the Help to Buy Scheme does not solve affordability challenges across the board, it does offer a more accessible pathway for a defined segment of the market, particularly younger buyers with moderate incomes who have been priced out of traditional lending routes.

The scheme is expected to commence in NSW in late 2025, as part of a national rollout.

Under the new model, purchasers can enter the property market with as little as a two per cent deposit, well below the traditional 10 to 20 per cent usually required

Help to Buy Scheme: What first home buyers in NSW need to know

The First Home Owners Grant (FHOG) is a government initiative designed to help eligible first-time home buyers by offering financial assistance towards the purchase or construction of a new home.

While the FHOG is a nationwide program, it is administered separately by each state and territory, meaning the eligibility criteria, grant amounts, and property requirements can vary depending on your location. This means that the amount available and the conditions attached to the grant will differ, so it is important to check the specific guidelines for your state or territory.

It’s important to note that the FHOG is just one of several incentives available to first home buyers. In most states and territories, the grant is not linked to stamp duty exemptions or concessions, with the exception of the Australian Capital Territory (ACT). The FHOG is typically a one-off payment, reducing the overall cost of purchasing or building a new home before any stamp duty concessions are applied.

Below, we provide a breakdown of the First Home Owner Grants available across Australia, outlining the specific details for each state and territory.

<h2>New South Wales First Home Owner Grant</h2>

First Home Owner Grant: Offers a $10,000 grant for new homes valued up to $600,000. For land purchases and owner-builders, the threshold extends to $750,000.

Stamp Duty Benefits: Provides full stamp duty exemption for homes valued up to $800,000, with concessions available for properties up to $1 million.

<h2>Victoria South Wales First Home Owner Grant</h2>

First Home Owner Grant: Provides a $10,000 grant for first-home buyers purchasing or building new homes valued up to $750,000.

Stamp Duty Benefits: Offers full stamp duty exemption for properties up to $600,000, with concessions available up to $750,000.

<h2>Queensland First Home Owner Grant</h2>

First Home Owner Grant: Offers $30,000 for contracts signed between 20 November 2023 and 30 June 2025. The FHOG applies to new homes valued up to $750,000.

Stamp Duty Concessions: Provides additional concessions for properties valued up to $800,000.

<h2>Western Australia First Home Owner Grant</h2>

&nbsp;

First Home Owner Grant: Offers a $10,000 grant for new homes valued up to $750,000 in the southern regions and up to $1 million in the northern regions.

Stamp Duty Concessions: Available for homes valued up to $600,000 for transactions entered into on or after 9 May 2024.

<h2>Australian Capital Territory First Home Owner Grant</h2>

First Home Owner Grant: Replaced by the Home Buyer Concession Scheme, offering full stamp duty concessions for eligible buyers.

<h2>South Australia First Home Owner Grant</h2>

First Home Owner Grant: Provides up to $15,000 for new homes, including houses, apartments, and townhouses. As of 6 June 2024, there is no property value cap for eligibility.

Stamp Duty Relief: Available for new homes and vacant land purchases.

<h2>Tasmania First Home Owner Grant</h2>

First Home Owner Grant: Offers a $10,000 grant for new homes and off the plan purchases.

Stamp Duty Exemption: Between 18 February 2024 and 30 June 2026, first home buyers of established homes valued up to $750,000 receive a full exemption on property transfer duty.

<h2>Northern Territory First Home Owner Grant</h2>

First Home Owner Grant: The Northern Territory provides a $10,000 grant for new homes only. Additional government grants and concessions are available for first home buyers.

Stamp Duty Exemption: The only stamp duty exemption available to property buyers is the House and Land Package Exemption (HLPE).

Eligibility criteria and application processes differ across states. Prospective buyers should refer to their respective state revenue offices for full details on grant availability, conditions, and additional concessions.

Every First Home Owner Grant for new property by state

In the ever-evolving landscape of sustainable architecture and environmentally conscious design, systems and ratings in place can help determine the energy efficiency of residential buildings in Australia.

Australia has multiple building rating systems that evaluate energy efficiency and sustainability in existing and new building designs.

Some systems assess individual building components, while others provide an overall rating for the entire structure.

A rating system ensures that homes are comfortable and energy-efficient, whether you are buying, renovating, or building.

NatHERS (Nationwide House Energy Rating Scheme) is a common way for new homes to meet energy efficiency requirements.

As new developments continue to shape the urban environment, understanding NatHERS ratings becomes essential for developers and homeowners. This article delves into the concept of NatHERS ratings, their significance, and how they contribute to creating energy-efficient homes.

<h2>What is NatHERS?</h2>

NatHERS is a national initiative implemented by the Australian government to promote energy efficiency in residential buildings. The scheme aims to provide a standardised method for assessing the thermal performance of homes, considering factors such as insulation, orientation, ventilation, and building materials.&nbsp;

NatHERS ratings are the most common way new homes meet the National Construction Code's (NCC's) minimum energy efficiency requirements.&nbsp;

NatHERS assessments provide thermal and whole-home ratings for new homes, townhouses, and apartments.

The rating helps evaluate the energy performance of buildings, guides homeowners and developers to make informed decisions about the energy efficiency of their properties, and encourages the construction of more sustainable, comfortable, and cost-effective homes.

<h2>How NatHERS Ratings Work</h2>

NatHERS ratings are determined through four accredited software tools (AccuRate, BERS Pro, FirstRate5, HERO) using a calculation engine CSIRO developed to predict building temperature based on various factors.

The tools can model complex effects of building mass, insulation, window size, and other elements.

The outcome is a star rating that reflects the building's overall thermal efficiency, indicating how well it can maintain a comfortable indoor temperature without excessive reliance on heating or cooling systems.

The star rating scale ranges from 0 to 10, with a 6-star rating being the minimum requirement for compliance with the National Construction Code (NCC).&nbsp;

Achieving a higher star rating demonstrates a commitment to energy efficiency and sustainability, as the building is better equipped to minimise its environmental impact and reduce long-term energy costs.

Anyone can use NatHERS tools, but accredited assessors can provide certified ratings and professional advice.

<h2>Benefits of Higher NatHERS Ratings</h2>

Energy Efficiency: Buildings with higher NatHERS ratings are more energy-efficient, requiring less heating and cooling energy. This reduces the structure's carbon footprint and lowers occupants' energy bills.

Cost Savings: Homes with higher NatHERS ratings are generally more energy-efficient, resulting in reduced energy consumption for heating and cooling. This translates to lower energy bills for homeowners, making sustainable living environmentally friendly and economically viable in the long run.

Environmental Impact: Lower energy consumption directly translates to a reduced environmental impact. Buildings with higher NatHERS ratings contribute to the overall goal of mitigating climate change by lowering greenhouse gas emissions associated with heating and cooling systems.

Improved Comfort: Buildings with high NatHERS ratings offer better thermal comfort to occupants. Proper insulation, well-designed ventilation, and optimal orientation maintain a consistent and comfortable indoor temperature, providing occupants with a more enjoyable and healthier space.

Market Value and Desirability: Higher NatHERS ratings can enhance the market value of a property. As energy efficiency becomes a more significant consideration for homebuyers, a well-rated building may attract a premium price and stand out in the real estate market.

Compliance with Building Codes: NatHERS ratings are a vital component of the National Construction Code (NCC), and compliance with these ratings is often a mandatory requirement for new developments. Local councils and planning authorities may set minimum energy efficiency standards that must be met to obtain development approval.

The Nationwide House Energy Rating Scheme (NatHERS) is a crucial initiative shaping the future of energy-efficient, resilient, and cost-effective homes. With its recent upgrades, NatHERS has evolved into a world-leading tool for the building sector, supporting the global commitment to achieving net-zero emissions by 2050.

Staff Writer

What is a NatHERS rating in new off the plan apartment developments?

Mixed-use developments have gained significant popularity across Australia in recent years due to their unique blend of residential, commercial, and recreational spaces.

Unlike traditional single-purpose developments, mixed-use projects offer a harmonious integration of various functions within a single locale.

Residential units seamlessly coexist with commercial establishments, retail outlets, dining venues, entertainment hubs, and recreational facilities, with the combination not only enhances convenience but also fosters a vibrant lifestyle and a sense of community.

<h3>Convenience and accessibility</h3>

Mixed-use developments are designed with convenience in mind. They often integrate residential units with commercial spaces, retail outlets, restaurants, and recreational facilities, creating a self-contained community.

[smartcode_project:default project_id=114215 project_image_fid=204874]

The proximity allows residents to enjoy the convenience of having essential amenities and services within walking distance. Whether it's grabbing a cup of coffee, going grocery shopping, or accessing healthcare services, everything is conveniently located, saving residents time and effort.

<h3>Vibrant lifestyle and community</h3>

One of the major advantages of mixed-use developments is the vibrant lifestyle they offer. With a diverse range of amenities and communal spaces, residents have ample opportunities to interact, socialise, and build a sense of community.

[smartcode_project:default project_id=107714 project_image_fid=214122]

The presence of parks, community centres, and shared spaces fosters a lively atmosphere, encouraging residents to engage in various activities and events. The vibrant lifestyle within these developments creates a unique sense of belonging and camaraderie among the residents.

<h3>Potential for higher rental yields and property value appreciation</h3>

Mixed-use developments tend to attract a broad range of tenants and buyers due to their versatile nature. This high demand can result in higher rental yields for investors and potentially lead to property value appreciation over time.

[smartcode_project:default project_id=139989 project_image_fid=212887]

The integration of commercial and retail spaces attracts businesses, which can provide a stable rental income stream. Additionally, the popularity of mixed-use developments often drives up property values, making them a potentially lucrative investment in the long term.

<h3>Enhanced security and maintenance</h3>

Mixed-use developments typically have comprehensive security measures in place. With controlled access points, CCTV surveillance, and professional security staff, residents can enjoy enhanced safety and peace of mind.

[smartcode_project:default project_id=108019 project_image_fid=212658]

Additionally, these developments often have dedicated maintenance teams responsible for the upkeep of common areas, landscaping, and infrastructure. This ensures that the overall appearance and functionality of the development are well-maintained, creating a pleasant living environment for residents.

<h3>Live-work-play balance</h3>

One of the key attractions of mixed-use developments is the ability to achieve a desirable live-work-play balance. The integration of residential and commercial spaces allows residents to live closer to their workplaces, reducing commuting time and improving work-life balance.

The proximity to various amenities and recreational facilities encourages an active and healthy lifestyle. Residents can easily access fitness centres, parks, restaurants, and entertainment options, all within the same development, leading to a more fulfilling and convenient way of life.

alisonwarters@gmail.com

The top five reasons to buy in a mixed-use development

When buying a property, everyone needs to be aware of the additional costs that come as part of the buying process.

Often the largest outlay, after the deposit which goes to the bank, is stamp duty.

<h2 style="line-height: 1.38;">What is Stamp Duty?</h2>

Stamp duty is an extra tax to pay the government when you buy land, a property, and other certain assets.

It happens when the legal ownership is transferred. It can also be known as property transfer duty or transfer duty.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="415" src="https://www.youtube.com/embed/C32BWkB5--c" title="YouTube video player" width="660"></iframe>

<h2>Who pays Stamp Duty?</h2>

In some circumstances, you may get an exemption. For some states, you won’t have to pay for stamp duty if you are a first home buyer or a pensioner for houses under a particular price. There are also stamp duty concessions, where you may be entitled to a discount.

<h2>How much does Stamp Duty cost?</h2>

Each state has different rules which affect how much you need to pay. These rules can affect the rate you pay, and the timeframe you will need to pay in. Before you buy land or a property, make sure you check the up-to-date information for your state’s stamp duty.

You can use a free stamp duty calculator online to see approximately how much you’ll need to pay. Find out if you’re eligible for an exemption by enquiring on a project via Urban!

Overall, the stamp duty you need to pay will depend on:

<ul>
	<li aria-level="1">How much your land/property is worth</li>
	<li aria-level="1">Where your land/property is located</li>
	<li aria-level="1">What type of land/property it is</li>
</ul>

Want to find out more? <a href="https://www.youtube.com/@UrbanAustralia?utm_source=YouTube&amp;utm_medium=Video&amp;utm_campaign=Subscribe&amp;utm_id=Subscribe">Subscribe to our YouTube channel</a> for more property videos.

Ellen Walker

Off-the-plan property explained: What is stamp duty?

Sydney’s residential property market continues to tell a story of two very different sectors.

As the market rebounds, house values are pulling further ahead of unit prices—April was no exception.

According to the Home Value Index from Cotality (formerly CoreLogic), house values rose by 0.4 per cent in April, while unit values declined by -0.4 per cent. Over the rolling quarter, houses are up 1.4 per cent, but units have fallen by -0.4 per cent.

Sydney’s median house value now sits at $1,474,000, compared to $854,000 for units—a $620,000 difference.

This widening gap underscores the ongoing affordability advantage of units for buyers priced out of the housing market, particularly in a city where overall property values remain among the highest in the country.

<h2>What happened in Sydney’s off-the-plan apartment market in April?</h2>

The increasing cost of housing in Sydney is giving developers every opportunity to bring projects to market and secure prices that will allow them to move to the construction phase of the project.

Developers are certainly having to look for new ways to bring something more to their projects above the ordinary, ensuring they're delivering a considerably better place to live than buying into an established building.

No doubt renowned builder-developer DASCO has done so at its recently launched&nbsp;<a href="/new-apartments/danks-st-district-waterloo-903-921-bourke-street-waterloo-nsw-2017">Danks St District</a> in <a href="/developments/waterloo-nsw-2017">Waterloo</a>. They have a fairly unrepeatable 1.7-hectare block in the middle of the inner-city suburb where they are to create a large mixed-use development with 373 new apartments above a retail and dining precincts.

[smartcode_project:default project_id=111820 project_image_fid=344699]

The first stage that buyers have jumped at is Bourke Street Residences, a sculptural building designed by&nbsp;<a href="/architects/mhn-design-union">MHNDU</a> and <a href="/architects/fieldwork">Fieldwork</a>.

The building will feature rooftop gardens, BBQ areas, an outdoor gym, and a soundproof music room.

[smartcode_project:default project_id=111820 project_image_fid=346377]

DASCO has also taken out the sought-after Latent Defects Insurance from Resilience Insurance.&nbsp;The insurance, which can only be taken out by the developer and not the property owner, protects homeowners from major structural or waterproofing faults for 10 years post-completion.

Read more: <a href="/news/nsw/dasco-launches-game-changing-new-waterloo-precinct-danks-st-district">DASCO launches game-changing new Waterloo precinct, Danks St District</a>

[smartcode_project:default project_id=111820 project_image_fid=344704]

Another builder-developer who has created something unrepeatable is <a href="/developers/toga-group">TOGA</a>, who is selling the final homes at its transformative inner-city development, <a href="/buildings/surry-hills-village-redfern-6-14-baptist-street-redfern-nsw-2016">Surry Hills Village</a>.

Surry Hills Village, or SHV, on the border of Surry Hills and Redfern, just off Crown and Cleveland Streets, has received much fanfare since it completed late last year, namely due to its hospitality precinct, Wunderlich Lane, one of the hottest spots in Sydney.

[smartcode_project:default project_id=9302 project_image_fid=342091]

The final homes for sale in the sought-after development are the Marriott Street Terraces. There are only three, individually-designed terraces left which have three bedrooms, sculptural kitchens with Sub-Zero and Wolf appliances and a wine bar, outdoor spaces primed for entertaining, and a car space, a rarity for terraces in the inner-city.

Read more: <a href="/news/nsw/first-look-last-chance-at-surry-hills-village-as-toga-launches-luxury-terrace-collection">Last chance at Surry Hills Village as TOGA launches luxury terrace collection</a>

[smartcode_project:default project_id=9302 project_image_fid=342101]

Masterplanned developer <a href="/developers/sekisui-house-australia" target="">Sekisui House Australia</a>, who is creating communities in previously underutilised areas across Greater Sydney, released the Skyhome Collection at Willow, the latest stage of their $2 billion Sanctuary masterplan at&nbsp;<a href="/developments/wentworth-point-nsw-2127" target="">Wentworth Point</a>.

Designed by <a href="/architects/turner-studio">TURNER</a>, the homes feature floor-to-ceiling glass, expansive balconies, and curved bronze-toned screens that reflect the form of the Parramatta River. Prices range from $810,000 to $4.5 million, with each apartment designed for light, space, and uninterrupted views of the river, CBD, and Blue Mountains.

[smartcode_project:default project_id=6969 project_image_fid=228751]

Sanctuary is evolving into one of Sydney’s most connected waterfront precincts, with buyers drawn by access to ferry services, parklands, and future light rail.

Read more: <a href="/news/nsw/sekisui-house-australia-launches-willow-skyhome-collection-in-2-billion-sanctuary-masterplan-in-wentworth-point">Sekisui House launches Willow Skyhome Collection in billion Sanctuary masterplan</a>

North of the Bridge, April saw&nbsp;<a href="/developers/coronation-property" target="">Coronation Property</a>&nbsp;break ground on its $250 million <a href="/developments/chatswood-nsw-2067" target="">Chatswood</a> project, a 32-level mixed-use development on Archer Street.

[smartcode_project:default project_id=29796 project_image_fid=267349]

The project, designed by <a href="/architects/woods-bagot">Woods Bagot</a>, will deliver over 150 apartments, along with 2,500 sqm of retail and commercial space, wellness amenities, and a restored heritage building.

Recognised as a State Significant Development, the project will generate up to 400 jobs and be a key contributor to Chatswood’s transformation into a vibrant residential and retail hub.

Read more: <a href="/news/nsw/coronation-property-group-breaks-ground-at-new-chatswood-apartment-development">Coronation Property Group breaks ground at new Chatswood apartment development</a>

In April, another builder-developer, <a href="/developers/scion">Scion</a>, started welcoming buyers to Sterling, their 50-apartment development in <a href="/developments/lane-cove-north-nsw-2066">Lane Cove North</a>.

Originally started by a different developer, Scion stepped in mid-build, assured by the project’s Latent Defects Insurance and robust independent inspections.

[smartcode_project:default project_id=136108 project_image_fid=303415]

Sterling includes one, two, and three-bedroom residences, designed to reflect Lane Cove’s natural surrounds.

Read more: <a href="/news/nsw/buyers-to-move-into-lane-cove-norths-first-ldi-protected-apartment-development-as-scion-wraps-up-sterling-construction">Buyers to move into Lane Cove North's first LDI-protected apartment development</a>

City Beat April 2025: Sydney developers going above and beyond as house values continue upward trajectory

Gold Coast developer <a href="/developers/alroe-constructions">Alroe</a> is approaching a full sellout at The Finn, its premium boutique development in Mermaid Beach.

Six of the eight apartments in the Albatross Avenue development have sold, predominantly to local downsizers. The final two villas are now for sale.

The remaining villas – priced from $3 million – include a ground-floor residence, Villa 1, which will be marketed through a standard expressions of interest campaign, and an upper-level residence, Villa 6, which will be open for inspection from April 19 ahead of a scheduled auction event on May 8.

[smartcode_project:default project_id=113112 project_image_fid=347272]

There have been more than $23.5 million worth of sales in The Finn, something&nbsp;Tye Alroe, CEO of Alroe, says reflects a broader market shift as long-time homeowners in central Gold Coast suburbs look to capitalise on capital growth and secure luxury homes with less maintenance, without compromising on lifestyle.

“We’re seeing a continued push from established locals who are selling large family homes and opting for a premium residence in familiar, well-connected locations,” Alroe said.

“The Finn meets that need – it’s low-density, design-led, and offers the level of sophistication buyers expect when downsizing from multimillion-dollar homes.”

Sales have averaged close to $4 million, underlining sustained demand in the top end of the market.

“This is a segment that’s growing rapidly – equity-rich locals, including downsizers and professionals, want space, style and proximity to lifestyle amenities without moving into high-rise buildings," Alroe added.

“Our strategy has always been to deliver premium boutique residences in blue-chip locations that offer lasting value, and The Finn is a direct result of that focus.”

[smartcode_project:default project_id=113112 project_image_fid=347271]

Positioned just metres from Hedges Avenue and within walking distance of the beach, The Finn features eight architecturally designed villas ranging in size from 214 sqm to 390 sqm.

Each residence includes expansive three-bedroom layouts, private pools or rooftop terraces, and curated landscaping to enhance privacy and liveability. The design draws on coastal-inspired materials and finishes, including Venetian render, 
travertine stone, large-format floor plans, and three-metre ceilings.

Each residence also includes dedicated home offices, private garages, and multiple living zones tailored for owner-occupiers.

With new luxury townhouse supply in central locations remaining limited, The Finn has resonated with a niche yet deep buyer pool – primarily local, equity-rich, and intent on staying close to family and familiar lifestyle precincts.

The project follows the success of <a href="/new-apartments/lune-main-beach-19-21-rankin-parade-main-beach-qld-4217">Alroe’s Lune at Main Beach</a> and continues the developer’s strategy of delivering boutique residential offerings in high-demand coastal suburbs.

Alroe completes The Finn at Mermaid Beach with just two apartments remaining

The Gold Coast’s beachfront is on track to become the most connected coastal strip in the country.

The existing light rail system, known locally as the G:LINK, currently runs from Helensvale in the north down to Broadbeach South.

Stage three of the G:LINK will soon extend the line further south to Burleigh Heads, while stage four is set to continue the route all the way to Coolangatta and the Gold Coast Airport—a level of beachfront connectivity that even Sydney’s Eastern Suburbs can’t match.

As a result, suburbs like Burleigh Heads, Palm Beach, and Bilinga are expected to become even more desirable than they already are, with improved public transport further boosting their appeal to both buyers and investors.

In this article, we’ve rounded up some of the most exciting new developments across the southern Gold Coast that will directly benefit from the upcoming G:LINK extensions.

<h2>What: ONE Burleigh Heads</h2>

<h3>Where: 88 The Esplanade, Burleigh Heads QLD 4220</h3>

<h3>Who: MAYD Group</h3>

MAYD Group's ultra-luxury ONE Burleigh development will be the closest to a new light rail stop when it is delivered.

Construction recently commenced on ONE Burleigh, which will be a stone's throw from the Second Avenue stop. It will comprise 16 full-floor apartments when it is completed in summer 2026.

[smartcode_project:default project_id=146358 project_image_fid=323052]

The development will also feature a spa, hot and cold plunge pools, sauna, steam room, and a grand lobby lounge.

Construction <a href="/news/qld/mayd-kicks-off-construction-of-ultra-luxury-one-burleigh-apartment-development-in-burleigh-heads?utm_source=Iterable&amp;utm_medium=email&amp;utm_campaign=PROOF_CAMPAIGN_NAME&amp;csl=8d714fbbbefa50853681a54fae4f9af940f2dddf&amp;iterableEndUserId=8d714fbbbefa50853681a54fae4f9af940f2dddf&amp;iterableEmailCampaignId=-12345">is being undertaken</a> by MAYD in partnership with Formplus.

<h2>What: Burly Residences</h2>

<h3>Where: 264-268 The Esplanade, Burleigh Heads QLD 4220</h3>

<h3>Who: DD Living​</h3>

One kilometre north of ONE Burleigh is DD Living's <a href="/new-apartments/burly-residences-north-burleigh-264-268-the-esplanade-burleigh-heads">Burly Residences</a>, which will be just 300m from the Christine Avenue stop, the stop before Second Avenue.

[smartcode_project:default project_id=134791 project_image_fid=328216]

The 25-level beachfront development offers just over 100 luxury apartments and two full levels of facilities including several swimming pools, a gym with Peloton room, steam room, sauna, yoga and Pilates lounge, a private cinema, barbecue area, casual and formal dining, kitchen, teppanyaki bar, private office, executive lounge and a bar.

Legendary Japanese architect&nbsp;<a href="/architects/koichi-takada-architects" target="">Koichi Takada</a>&nbsp;designed Burly Residences, and the interiors were handled by the equally regarded interior practice, MIM Design, led by design doyenne Miriam Fanning.

[smartcode_project:default project_id=134791 project_image_fid=328218]

Construction firm Gowdie Management Group has started the build phase of the $535 million apartment development on a prime beachfront site at The Esplanade.

<h2>What: Villea Palm Beach</h2>

<h3>Where: 26 Mawarra Street, Palm Beach QLD 4221​</h3>

<h3>Who: Abadeen Group​</h3>

<a href="/developers/abadeen-group">Abadeen</a>'s debut Gold Coast apartment development, Villea, due for completion later this year, will be 650 metres from the proposed Nineteenth Avenue light rail stop at the northern end of Palm Beach.

[smartcode_project:default project_id=106840 project_image_fid=336452]

Villea offers 69 two and three-bedroom north-facing apartments with views over Palm Beach and back to the hinterland.

<a href="/new-apartments/villea-palm-beach-26-mawarra-street-palm-beach-qld-4221">Villea</a> features resort-style amenities, including a pool, gym, and outdoor BBQ area, all within a short stroll to Palm Beach's pristine shoreline.

[smartcode_project:default project_id=106840 project_image_fid=336442]

The ground-floor precinct features a carefully curated selection of boutique retail spaces, great for grabbing a coffee or picking up local products.

Read more:&nbsp;<a href="/news/qld/abadeen-finds-untapped-palm-beach-pocket-for-debut-gold-coast-apartment-development-villea">Abadeen finds untapped Palm Beach pocket for debut Gold Coast apartment development, Villea</a>

<h2>What: Pescado</h2>

<h3>Where: 228–230 Jefferson Lane, Palm Beach QLD 4221</h3>

<h3>Who: YLB Property Developments​</h3>

<a href="/new-apartments/pescado-palm-beach-228-230-jefferson-lane-palm-beach-qld-4221">Pescado</a>, one of the most popular developments on the Gold Coast right now because of its DJ developer DJ Fisher, will be 500m from the proposed Elevent Avenue light rail stop when the extension completes.

[smartcode_project:default project_id=149651 project_image_fid=342045]

The $50 million development, on the dress circle Jefferson Lane, is being developed by the Fishers' new development company, <a href="/developers/ylb-property-developments">YLB Property Developments</a>, and will home just seven ultra-luxury apartments designed by the Fishers and <a href="/architects/bda-architecture">BDA Architecture</a>.

The Fishers, who intend to retain the two-level penthouse, have already appointed Gold Coast construction company <a href="/builders/hnkn">HNKN</a> to build Pescado.

[smartcode_project:default project_id=149651 project_image_fid=342040]

Designed with an emphasis on wellness, functionality, and meaningful social spaces, Pescado features a resort-style pool, gym, cold plunge, BBQ, and dining areas, encouraging a balanced lifestyle.

Read more:&nbsp;<a href="/news/qld/dj-fisher-launches-pescado-luxury-palm-beach-apartment-development">DJ Fisher launches Pescado, luxury Palm Beach apartment development</a>

<h2>What: Pipis Bilinga</h2>

<h3>Where: 303 Golden Four Drive, Bilinga QLD 4225</h3>

<h3>Who: Siera Property Group​</h3>

<a href="/new-apartments/pipis-bilinga-303-golden-four-drive-bilinga-qld-4225">Pipis</a> is the only off the plan apartment development currently in market in <a href="/developments/bilinga-qld-4225">Bilinga</a>.

[smartcode_project:default project_id=138311 project_image_fid=264299]

The soon-to-be-completed building with 19 luxury apartments will be 500 metres&nbsp;from the proposed Boyd Street light rail stop.

Residents of PIPIS will have access to a range of private ground-floor amenities, including a 15-metre heated lap pool with a sun lounge deck, a fully equipped gym with rowing, biking, and reformer Pilates facilities, a dog wash station, an outdoor rain-head shower, and direct beachfront access.

[smartcode_project:default project_id=138311 project_image_fid=341453]

Developer <a href="/developers/siera">SIERA</a> has been working toward the completion of the luxury 11-level Golden Four Drive development. They are anticipating welcoming residents in mid-2025.

They recently released the penthouses atop Pipis, some of the best ever produced in Bilinga.

Read more:&nbsp;<a href="/news/qld/pipis-penthouses-turn-heads-in-bilinga">PIPIS penthouses turn heads in Bilinga</a>

With the G:LINK light rail set to extend all the way to the Gold Coast Airport, suburbs like Burleigh Heads, Palm Beach, and Bilinga are becoming some of the most connected—and desirable—beachfront locations in the country

The Southern Gold Coast is about to boom — here's why

Caloundra is set for a rare new apartment development with the launch of Sunset Caloundra, a new collection of apartments from the Brisbane-based <a href="/developers/dusk-group">Dusk Group</a>.

Dusk Group swooped on the prime 1,255 sqm Bombala Terrace site last year, revising the previous plans to create a seven-level building with 36 apartments, where prices start from $650,000.

[smartcode_project:default project_id=148795 project_image_fid=346471]

Several of the apartments in <a href="/new-apartments/sunset-by-dusk-group-caloundra-5-7-bombala-terrace-caloundra-qld-4551">Sunset&nbsp;Caloundra</a> have already been snapped up by South East Queensland locals, who intend to either reside in the homes or use them as weekenders.

<a href="/architects/mas-architecture-studio">MAS Architecture Studio</a> designed the building, drawing inspiration from Caloundra’s coastal character, with a material palette that references the colours and textures of the surrounding landscape.

[smartcode_project:default project_id=148795 project_image_fid=346469]

Lead architect Nick Symonds said the gently curved balconies, textured finishes, and generous glazing were designed to respond to both the subtropical climate and the area’s laid-back lifestyle.

The development will also include a ground-floor swimming pool, BBQ facilities, communal green space, and a residents’ lounge.

[smartcode_project:default project_id=148795 project_image_fid=346475]

The building’s position offers wide-ranging views in multiple directions. Apartments on higher levels are expected to have outlooks over Bulcock Beach and Bribie Island to the east, with glimpses of the Glasshouse Mountains to the west.

Dusk Group Director Anthony Short said the project’s location was a key factor in its appeal.

“It’s rare to find sites in Caloundra that offer this combination of elevation, walkability, and proximity to both beach and town centre,” he said.

Within a short walk are Kings Beach, the Caloundra Bowls Club, Bicentennial Park, a local supermarket, and nearby cafés and dining options. The suburb is also earmarked for a future train station as part of the Sunshine Coast rail extension.

[smartcode_project:default project_id=148795 project_image_fid=346466]

Dusk Group is expecting to commence construction of Sunset Caloundra in Q2 2025.

The developer is also nearing completion of Aurora on Depper, a boutique townhouse development in St Lucia, Brisbane. The <a href="/developments/caloundra-qld-4551">Caloundra</a> project marks the company’s first foray into the Sunshine Coast apartment market.

[smartcode_project_cta:default project_id=148795]

Dusk Group is expecting to commence construction of Sunset Caloundra in Q2 2025.

Dusk Group launches Sunset Caloundra apartments

One-bedroom apartments in Brisbane's hot new and off the plan property market are few and far between.

Auspace Developments Group however has carved out a pocket in Gaythorne, less than 10km north of Brisbane, where they're offering one-bedroom apartments in their new development from just $600,000.

<a href="/new-apartments/astra-apartments-gaythorne-16-station-avenue-gaythorne">Astra Apartments</a> will comprise just&nbsp;12 one and two-bedroom residences in the heart of the small northern suburb between Alderley and Everton Park.

[smartcode_project:default project_id=148948 project_image_fid=320220]

The apartments reflect careful planning, with sizes ranging up to 158 sqm, including expansive courtyards and patios, providing generous living spaces uncommon in many new developments.&nbsp;

The interiors are designed with practicality and longevity in mind. Kitchens feature Italian-made Ariston appliances, including induction cooktops and integrated dishwashers, alongside soft-close storage solutions.&nbsp;

[smartcode_project:default project_id=148948 project_image_fid=320224]

&nbsp;

Astra is strategically located less than 100m from <a href="/developments/gaythorne-qld-4051">Gaythorne</a> Station, which is just 24 minutes to the CBD.

Residents of Astra will benefit from the proximity to the station's surrounding amenity, from coffee at the nearby Hobby Lane to dining at Little Thai Restaurant.

[smartcode_project_cta:default project_id=148948]

Astra is strategically located less than 100m from Gaythorne Station, which is just 24 minutes to the CBD.

Astra Gaythorne offers Brisbane's most affordable new apartments

Leading Australian developer TOGA Group has released the final stage of residences at its iconic Surry Hills Village precinct.

The last three completed terraces, known as the Marriott Street Terraces, will likely sell between $3.7 million and $3.9 million.

[smartcode_project:default project_id=9302 project_image_fid=342101]

SJB Director Adam Haddow, a Surry Hills local who designed the terraces, says terrace housing&nbsp;is synonymous with inner-city living in Sydney.

"At Surry Hills Village, each terrace has been individually designed with its own identity, a playful street presence, and generous courtyards at its heart," Haddow said.

"These homes are made for entertaining, thoughtfully balancing privacy and abundant natural light, all while closely connected to the surrounding retail, restaurants, cafes, and everyday essentials that anchor the community at Surry Hills Village.”

[smartcode_project:default project_id=9302 project_image_fid=342097]

Each three-bedroom, three-bathroom terrace comes with a prized car space, a rarity for terraces in the Surry Hills/Redfern area.

They span two levels and feature a&nbsp;landscaped courtyard garden, a separate alfresco terrace with built-in Sub-Zero and Wolf appliances, and a functional scullery to ensure maximum preparation space while keeping sleek aesthetics in mind.

Each terrace’s striking facade reflects the Surry Hills iconic streetscape and allows natural light to fill spacious living areas and an effortless transition between outdoor entertaining areas and oversized indoor areas.

[smartcode_project:default project_id=9302 project_image_fid=342093]

The terraces are close to one of Sydney’s most sought-after new dining and shopping precincts, Wunderlich Lane with the hottest restaurants like Olympus Dining, Lottie and Bar Julius, all only 15 minutes from Sydney CBD.

Paul Shaw, Executive General Manager of TOGA Group, said it is rare to find a development that offers such strong synergy between space, privacy and connectivity.

"Residents can enjoy the oversized living areas, secluded communal gardens and private underground parking, while only being a walk away from the vibrant cultural offerings of Wunderlich Lane," Shaw said.

"The final three terraces of our exclusive Marriott Street collection offer a new way of modern living which has resonated strongly with both the community and the buyer market.”

[smartcode_project_cta:default project_id=9302]

"Made for entertaining": Inside the final Marriott Street Terraces at Surry Hills Village

Sorrento has long been one of Perth’s most sought-after coastal suburbs. This northern beachside location offers pristine shores, a vibrant marina lifestyle, and access to essential amenities—all just a 20-minute drive from the city.

The stretch of coastline from Hillarys to Marmion has remained a tightly held pocket, with few new developments brought to market in recent years. Seizing a once-in-a-generation opportunity was respected developer Megara, who secured a prime 5,777 sqm site fronting West Coast Drive—the closest street to the Sorrento sands—back in 2018.

Read more:&nbsp;<a href="/news/wa/the-unrepeatable-nature-of-ora-sorrento-apartments">The unrepeatable nature of Ora Sorrento apartments</a>

[smartcode_project:default project_id=136169 project_image_fid=213846]

Since then, Megara has been refining its vision in consultation with the Western Australian Department of Planning, aiming to sensitively introduce a new apartment development alongside an extensive retail precinct—much-needed in a location where housing stock has been limited.

The new development, <a href="/new-apartments/ora-sorrento-128-136-west-coast-drive-sorrento">Ora Sorrento</a>, will deliver 73 two-, three-, and four-bedroom apartments, redefining beachside living in the area. Alongside its premium design, one of the strongest drawcards for buyers has been Ora’s exceptional location. While West Coast Drive runs for six kilometres—from Trigg in the south to Hillarys in the north—Ora is positioned in arguably one of the most desirable spots along the entire stretch.

[smartcode_project:default project_id=136169 project_image_fid=213851]

With an expansive frontage to West Coast Drive, many of the apartments offer uninterrupted, never-to-be-built-out views of the Indian Ocean. To the east, residences overlook the neighbouring Geneff Park, a 14-hectare green space featuring shaded lawns, walking paths, and a marine-themed playground designed to cater to toddlers through to older children.

Ora is located directly on Marmion Beach, just before it transitions into Sorrento Beach. The marina precinct, one of Perth’s most iconic lifestyle destinations, features restaurants such as The Breakwater and Ishka, boutique retail shopping, and the Rottnest Island ferry terminal. The marina also offers Ora Sorrento owners the convenience of docking their private boats just a short walk away.

[smartcode_project:default project_id=136169 project_image_fid=213849]

Beyond the coastline, Sorrento delivers everything needed for day-to-day living. The trendy Flora Terrace, with boutiques and cafes, is just a five-minute drive, while larger shopping and lifestyle hubs, including Westfield Whitford City and Karrinyup, are just 10 minutes away and cater to fashion, entertainment, and everyday essentials.

In addition to the outstanding local amenity, a cafe/restaurants is planned for the ground level, as well as a full suite of private resident facilities on the podium level at Ora. These include a heated ocean-view pool with cabanas, a gym with a sauna, a residents’ lounge, and even a wine cellar, all located on an exclusive residents’ deck. Plus, residents can also enjoy a game of bocce or practice their putting in the private landscaped courtyard area.&nbsp;

Construction on Ora is now underway with PACT Construction and is scheduled for completion in late 2026.

[smartcode_project_cta:default project_id=136169]

In addition to the outstanding local amenity, a cafe/restaurants is planned for the ground level, as well as a full suite of private resident facilities on the podium level at Ora.

Beach one side, park the other: The unrivalled location of Ora Sorrento

As Melbourne’s population continues to grow and demand for housing intensifies, large-scale, well-connected developments close to the CBD are becoming increasingly important.&nbsp;

One project leading the charge is <a href="/new-apartments/bradmill-yarraville-355-359-francis-street-yarraville-vic-3013">Bradmill</a> in <a href="/developments/yarraville-vic-3013">Yarraville</a> — a landmark regeneration of the former denim factory site into a thriving, masterplanned neighbourhood.

I recently caught up with&nbsp;Theo Della Bosca, Development Director at <a href="/developers/frasers-property">Frasers Property</a>, for an in-depth conversation about one of Melbourne’s most anticipated communities.

<iframe allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen="" frameborder="0" height="315" referrerpolicy="strict-origin-when-cross-origin" src="https://www.youtube.com/embed/W9nu7DBsUHE?si=9tD9zRL7rDbHIDgU" title="YouTube video player" width="560"></iframe>

Bradmill Yarraville, on an unrepeatable 26 hectares just six kilometres from the Melbourne CBD, will become a&nbsp;vibrant, walkable neighbourhood, blending heritage, sustainability, and modern convenience.&nbsp;

It will deliver up to 1,500 new homes, a mix of townhouses and apartments. The first homes being brought to market are three and four-bedroom townhouses designed by <a href="/architects/rothelowman">Rothelowman</a>, which are already attracting significant interest, <a href="/news/vic/why-families-are-flocking-to-townhouses-in-bradmill-yarraville?hash=92f39f1bd10345c973a925313699a08bdbad509d">particularly from families and downsizers</a>.

Families are drawn to the project for its variety of housing options, generous open space, proximity to quality schools, and the convenience of having a shopping centre within the community. Investors see strong potential in the area’s rental market and appreciate the low-maintenance, high-quality homes on offer. First home buyers are also showing strong interest, particularly because opportunities to purchase this level of housing so close to the city are rare.

Later stages will introduce a range of one, two and three-bedroom apartments, with all homes&nbsp;within the community to be fully electric, as part of Frasers Property’s commitment to sustainability.

[smartcode_project:default project_id=134727 project_image_fid=311186]

A key feature of the Bradmill masterplan is its mix of residential, retail, and lifestyle amenity — much of it set within repurposed heritage buildings.&nbsp;

The upcoming Bradmill Quarter retail precinct, which will front Francis Street and include a major supermarket, 15 specialty shops, a childcare centre, and a medical centre, will bring a convenient hub to Bradmill residents.

[smartcode_project:default project_id=134727 project_image_fid=311275]

Another standout feature of the community is Bradmill Social — a resident-exclusive lifestyle precinct that will breathe new life into the site’s historic buildings.&nbsp;

“We’ve got a proofing house down there which will be converted to a wellness centre that will feature a yoga Pilates space, gym, pool, sauna, spa, outdoor barbecue area, basketball half court — so it’s got it all going on,” Theo says.&nbsp;

The iconic boiler house, a well-known landmark in Melbourne’s inner west visible from the West Gate Freeway, is set to be transformed into a vibrant lifestyle hub. The space will include areas for children’s play, a cinema, media and co-working spaces, lounge and dining facilities, bookable rooms for family events, an outdoor barbecue terrace, a community garden, and even dog-washing facilities — offering a wide range of amenities designed to foster connection and convenience for future residents.

[smartcode_project:default project_id=134727 project_image_fid=311286]

Green space is also central to the project’s design, with an open space reserve threading through the community from west to east and connecting directly to the expansive 18.5-hectare McIvor Reserve.

Bradmill is being delivered in stages, with <a href="/builders/figurehead-construction">Figurehead Construction</a> currently working on stage one. Residents are expected to move into the first townhouses&nbsp;before Christmas.

[smartcode_project_cta:default project_id=134727]

Michael Bird

Everything a buyer needs to know about Bradmill Yarraville: Five minutes with Frasers Property Development Director Theo Della Bosca

<a href="/developers/lendlease-development">Lendlease</a> has broken ground on its next waterfront residences within the Collins Wharf precinct at Victoria Harbour, following strong market demand.&nbsp;

<a href="/new-apartments/ancora-at-collins-wharf-docklands-971-collins-street-docklands-vic-3008">Ancora at Collins Wharf</a>, located at 971 Collins Street, Docklands, has already secured over 50 per cent in sales, attracting buyers seeking the best of city and waterfront living.&nbsp;

The Hon. Nicholas Reece, Lord Mayor of Melbourne was in attendance to mark the start of construction of the 28-level building which will offer uninterrupted views of Victoria Harbour towards the city and the Yarra River across to Port Phillip Bay.&nbsp;

[smartcode_project:default project_id=9779 project_image_fid=314804]

As a natural extension of Melbourne’s CBD, Collins Wharf represents a significant transformation to the <a href="/developments/docklands-vic-3008">Docklands</a> area, from its industrial past into a sought-after residential precinct. &nbsp;

The revitalisation of this part of the city offers residents an opportunity to reside in a highly connected community surrounded by water and integrated green spaces, all while being a short walk from the city’s best hospitality, sports, arts, and entertainment, with exceptional transport options nearby. &nbsp;

Ancora is Lendlease’s third residential development to be delivered in the Collins Wharf precinct, following Regatta now 85 per cent presold and under construction.&nbsp;

[smartcode_project:default project_id=9779 project_image_fid=318931]

In total, Collins Wharf will deliver more than 1,800 residences across six architecturally designed buildings, to be surrounded by over 5,000 sqm of parkland which is being delivered in tandem with the residences.&nbsp;

Designed by architect <a href="/architects/warren-and-mahoney">Warren and Mahoney</a>, Ancora features one, two and three-bedroom apartments, known as the Waterfront Collection, alongside the exclusive Premier Collection which includes a range of three and four-bedroom townhouses, penthouses, and larger scale apartments.&nbsp;

Residents will enjoy a hotel-style lobby with concierge services, a private dining room to entertain guests, and the lush, landscaped surrounds of two rooftop terraces with panoramic views, plus a wintergarden.&nbsp;

[smartcode_project:default project_id=9779 project_image_fid=318927]

The residences also connect to the neighbouring Regatta via a podium to allow easy access to a range of shared wellness facilities including an indoor swimming pool, spa, sauna and steam room, gym and multipurpose rooms.

Designed as an all-electric building with electric vehicle infrastructure, the development is designed to achieve a 5 Star Green Star certification.&nbsp;

Adam Williams, Executive Director, Development, Lendlease, said&nbsp;Collins Wharf is fast becoming a sought-after address, with strong market demand for the Ancora and Regatta residences located within the well-connected, inner-city community of Victoria Harbour.&nbsp;

“As a tranquil neighbourhood on the edge of Melbourne’s CBD, where Collins Street meets the water, Collins Wharf is transforming this part of the Docklands into a desirable place to live, work and visit.”&nbsp;

Lord Mayor, Nick Reece, said the&nbsp;appetite for quality-designed residential living in Melbourne is insatiable.

"We're pleased to see a development that opens the door to world-class lifestyle apartments, surrounded by waterways and greenery while remaining within arm's reach of the CBD.&nbsp; 
&nbsp; 
“Melbourne's population is expected to swell by 142,000 residents by 2027, and it’s developments like Ancora that continue to cement our reputation as Australia's most liveable city.”&nbsp;

Ancora at Collins Wharf is expected to complete in 2027.

[smartcode_project_cta:default project_id=9779]

Lord Mayor, Nick Reece, said the appetite for quality-designed residential living in Melbourne is insatiable

Lendlease commences construction at Ancora Collins Wharf

<a href="/developers/thirdi-group">Third.i</a>&nbsp;has&nbsp;announced a strategic partnership with Dexus’s opportunistic Fund series, Dexus Real Estate Partnership (DREP), for the development of The Merewether Residences in Newcastle.&nbsp;

The second fund in the series, DREP2, has entered a joint venture with Third.i to deliver the $300 million, 178-unit retirement village on a one-hectare site at the Merewether Golf Club. The partnership will support Third.i’s vision and delivery of The Merewether Residences as a landmark over-55s community.&nbsp;

Luke Berry, Director and Co-Founder of Third.i Group said DREP plays a critical role in providing capital funding to support the development.

“This partnership with DREP2 reflects Third.i's reputation and experience as a developer, built on a track record of delivering outstanding projects," Berry says.

"We are excited to continue leading the way in creating vibrant residential communities.&nbsp;

Development approval has been obtained, and enabling works are underway with construction due to start later this year with completion expected by late-2027.&nbsp;

<img alt="The Merewether Residences interior" data-entity-type="file" data-entity-uuid="3769a6b4-85e3-48b7-8ad9-fce4efd9be42" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/LAANSTUDIOS_S160_FINAL2500.jpg?VersionId=RImAI_J_2exPoamo.XJZGcLhmlmbh_1T" />

Located at the iconic Merewether Golf Club, <a href="/new-apartments/the-merewether-residences-adamstown-40-king-street-adamstown">The Merewether Residences</a> is a luxury over-55s retirement community that integrates resort-style amenities such as a health and wellness space, lap pool, cinema, and a new clubhouse for both residents and golf club members.

Designed by renowned architects Marchese Partners and now overseen by <a href="/architects/eje-architecture">EJE Architecture</a>, the project blends coastal charm with contemporary elegance.

<img alt="The Merewether Residences clubhouse" data-entity-type="file" data-entity-uuid="cc10b614-9217-4eb9-bf93-cd14428d8680" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/JPG_clubhouse_the_merewether_residences_3D_render_by_VV.jpg?VersionId=ZclC8_NPCaC_czPGKLq2Zu8q4CYcEQBs" />

<a href="/builders/decode">Decode Group</a> was appointed to build The Merewether Residences in late 2024.

Early site works have commenced on The Merewether Residences, with the demolition of the existing greenkeepers shed marking the start of construction. The new clubhouse is expected to open in late 2026, with completion of The Merewether Residences anticipated in late 2027.&nbsp;

[smartcode_project_cta:default project_id=149325]

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